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The Latest Breaking News from Kwasi Kwarteng

Homeowners warned of ‘significant’ rise in UK interest rates

Bank of England’s chief economist speaks out after mini-budget, with financial markets expecting rates to reach up to 6%

The Guardian - UK

‘Fiscal sustainability’ plus rising borrowing costs could add up to cuts

To make the sums work, some suggest Kwasi Kwarteng may include deep spending reductions in his medium-term fiscal plan

The Guardian - UK

Keir Starmer has found his winning position – as the antidote to Liz Truss

The Labour leader looks like he’s on a path to victory, says Guardian columnist Rafael Behr

The Guardian - UK

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Labour suspends MP who described chancellor Kwasi Kwarteng as 'superficially' black

MP Rupa Huq has now offered a 'wholehearted' apology for the 'ill-judged' remarks

Manchester Evening News

Douglas Ross demands 'appalling' tax cuts that'd save Tory MSPs thousands on bills

DOUGLAS Ross is facing questions over his demands for Holyrood to replicate Liz Truss's “appalling” tax cuts after estimates revealed it would…

The National (Scotland)

Keir Starmer’s conference speech: five key messages

Starmer attacked the new Truss government, set out green policies and was unafraid to address Brexit, previously a no-go area

The Guardian - UK

What are supply-side reforms?

Chancellor planning further regulatory changes for British industry to be announced this autumn

The Independent UK

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UK's Labour suspends lawmaker for saying Kwarteng 'superficially' Black

An opposition Labour lawmaker was suspended from the party on Tuesday after being accused of making racist comments about British finance minister Kwasi Kwarteng, with a party spokesperson saying it would call on her to apologise.

Reuters

Labour MP apologises for calling Kwasi Kwarteng ‘superficially’ Black after suspension

Ed Miliband says Labour must decide on Rupa Huq’s future after ‘reprehensible and awful’ comments

The Independent UK

Who is Rupa Huq? Labour MP suspended over Kwasi Kwarteng comments

It is thought that Dr Huq made the comments at a fringe event at the Labour Party Conference in Liverpool on Monday

Evening Standard

Suspended Labour MP apologises for calling Kwasi Kwarteng ‘superficially’ black

Rupa Huq gave her ‘sincere and heartfelt’ apologies to the Chancellor over her ‘ill-judged’ remarks.

The Independent UK

Bank of England warns of ‘significant’ rate rises amid sterling turmoil

The Chancellor sought to reassure investors as the Bank of England’s chief economist said they could not ignore the fall in sterling

Evening Standard

Buoyant Labour think Truss’s ‘scorched earth’ approach can pave their way to power OLD REDIRECTED

Delegates beginning to believe that Tory missteps will put Keir Starmer in Downing Street

The Independent UK

Truss and Kwarteng had row over sterling crisis response, say Whitehall sources

First signs of friction between PM and chancellor emerge as pound falls to historic low after mini-budget

The Guardian - UK

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Wales Online

MP Rupa Huq suspended after calling Chancellor Kwasi Kwarteng 'superficially' black

In audio published online, Ms Huq can be heard discussing Mr Kwarteng’s elite school background

The National (Scotland)

UK Government accused of 'robbing young people of home ownership' as mortgage offers vanish

THE SNP has accused the Tory UK Government of "robbing young people of their dream of home ownership" and "pushing families into…

The Guardian - UK

Was the mini-budget a cunning Tory plan?

Letter: If they lose the next election this will leave the incoming Labour government with a wrecked economy to repair and only five years to do it, writes Ray Perham

Daily Mirror

Tory donor's firm which employed Kwasi Kwarteng rakes in millions betting against pound

Crispin Odey - who The Mirror previously revealed made £220 million overnight after the Brexit vote - has overseen a 145% rise in his company's main fund this year, as Tory fury mounts over traders "shorting" the pound

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The Guardian - UK

‘The jewel has lost its shine’: how the world reacted to the UK’s pound crisis

The turmoil stirred condemnation in the US, bitter memories in Greece and interest among holidaymakers in Singapore

The Guardian - UK

Kwarteng’s tax cuts will force ‘significant’ interest rate rises by Bank of England

Chief economist says mini-budget will increase inflationary pressure in remarks likely to further spook mortgage borrowers

The Independent UK

Labour suspends MP heard calling Chancellor Kwasi Kwarteng ‘superficially’ black

Rupa Huq is understood to have been placed on administrative suspension.

Daily Mirror

Labour MP Rupa Huq suspended after 'racist' comment on Kwasi Kwarteng

The MP provoked outrage when she described the Tory Chancellor as a "superficially black man" at a fringe event during the party conference.

The Guardian - UK

Rupa Huq apologises to Kwasi Kwarteng for ‘ill-judged’ comments

Party whip suspended after Labour MP accused of making ‘racist’ comment about chancellor

The Independent UK

Labour removes party whip after MP calls Kwarteng ‘superficially’ black

In audio published online, Rupa Huq was heard discussing the chancellor’s private school background

Evening Standard

Labour MP heard calling Chancellor Kwasi Kwarteng ‘superficially’ black

Labour leader Sir Keir Starmer is facing calls to suspend MP Rupa Huq after she described Chancellor Kwasi Kwarteng as “superficially” black. In audio published online, Ms Huq can be heard discussing his elite school background, before adding that “you wouldn’t know he is black” when listening to him on…

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